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When using analytical procedures, the auditor first needs to develop an expectation with which to compare recorded results. What is meant by "precision of the expectation," and what factors affect the precision of analytical procedures?
Apology
An expression of regret or sorrow for having wronged someone.
Positive Statement
An affirmative expression that conveys a constructive or optimistic message.
Bad News
Information that is unpleasant, disappointing, or distressing to receive or deliver.
Deal with Criticism
Strategies or methods to handle or respond to negative feedback or evaluation in a constructive manner.
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